Consumer financing company Synchrony saw record third-quarter purchase volume, with both discretionary and non-discretionary out-of-partner spend on its consumer co-branded cards growing by double digits,...
Service sector firms in New York State and nearby areas became pessimistic about the business outlook in early October, for the first time since December...
U.S. Bancorp’s consumers continued to spend during the third quarter, even as the bank carried more card balances and saw an increase in early-stage card...
Online retail kept taking consumer dollars in September, extending an annual growth rate that outpaced overall retail even as inflation reduced the purchasing power behind...
Consumers have kept the economy moving without a boost in confidence about where it is headed. The Federal Reserve’s October Beige Book, released Wednesday (Oct....
September gave consumers lower prices on appliances, furniture and some food categories. It also gave them a 9.1% increase in gasoline prices. The Consumer Price...
Bank of America’s consumers spent more in the third quarter while moving a larger share of their banking activity onto the company’s digital channels, giving...
Goldman Sachs CEO David Solomon’s comments on artificial intelligence flagged a financing risk with implications beyond Wall Street. How will companies fund an infrastructure expansion...
Grocery giant Albertsons is planning an extensive overhaul as inflation continues to hinder consumer spending. The company released quarterly earnings Tuesday (Oct. 13) showing a sales dip of 0.8%,...